Page 159 - Demo

- 34 -- 10 -23 %u6216%u6709%u8ca0%u50b5 23 CONTINGENT LIABILITIES(a) %u5df2%u4f5c%u51fa%u7684%u8ca1%u52d9%u64d4%u4fdd (a) Financial guarantees issued%u95dc%u65bc%u9280%u884c%u53ca%u5176%u4ed6%u8a8d%u53ef%u8ca1%u52d9%u6a5f%u69cb%u5c31%u5df2%u552e%u8cc7%u52a9%u51fa%u552e%u55ae%u4f4d%u63d0%u4f9b%u7684%u6309%u63ed%u8cb8%u6b3e%uff0c%u65bc 2024 %u5e74 3 %u6708 31 %u65e5%uff0c%u623f%u59d4%u6703%u5df2%u4f5c%u51fa%u800c%u4ecd%u6709%u6548%u7684%u6309%u63ed%u9084%u6b3e%u4fdd%u8b49%u5982%u4e0b%uff1aAs at 31 March 2024, the Authority had outstanding mortgage default guarantees issued in respect of mortgage loans made by banks and other authorised financial institutions on subsidised sale flats sold as follows:(i) %u5df2%u552e%u51fa%u7684%u5c45%u5c4b%uff0f%u79c1%u4eba%u53c3%u5efa%uff0f%u53ef%u79df%u53ef%u8cb7%uff0f%u7da0%u7f6e%u5c45%u8a08%u5283%u55ae%u4f4d(i) HOS/PSPS/BRO/GSH flats sold%u623f%u59d4%u6703%u5c31%u5c45%u5c4b%uff0f%u79c1%u4eba%u53c3%u5efa%uff0f%u53ef%u79df%u53ef%u8cb7%uff0f%u7da0%u7f6e%u5c45%u8a08%u5283%u4e0b%u8208%u5efa%u548c%u51fa%u552e%u7684%u55ae%u4f4d%u4f5c%u51fa%u7684%u9084%u6b3e%u4fdd%u8b49%uff0c%u5c6c%u65bc%u7b2c%u4e00%u5e02%u5834%u7684%u70ba 642.67 %u5104%u6e2f%u5143 (2023%uff1a506.22 %u5104%u6e2f%u5143 ) %uff0c%u5c6c%u65bc%u7b2c%u4e8c%u5e02%u5834%u7684%u5247 %u70ba382.99 %u5104%u6e2f%u5143 (2023%uff1a263.17 %u5104%u6e2f%u5143)%u3002%u7136%u800c%uff0c%u623f%u59d4%u6703%u8a8d%u70ba%uff0c%u9664%u975e%u6709%u95dc%u55ae%u4f4d%u91cd%u552e%u6240%u5f97%u7684%u6b3e%u9805%uff0c%u4e0d%u8db3%u4ee5%u62b5%u92b7%u672a%u511f%u9084%u7d66%u9280%u884c%u53ca%u5176%u4ed6%u8ca1%u52d9%u6a5f%u69cb%u7684%u6309%u63ed%u50b5%u9805%uff0c%u5426%u5247%u7121%u9808%u627f%u64d4%u8ca1%u52d9%u98a8%u96aa%u3002%u623f%u59d4%u6703%u64da%u6b64%u4f30%u8a08%u5728%u7b2c%u4e00%u5e02%u5834%u7684%u8ca1%u52d9%u98a8%u96aa%u70ba 47.71 %u5104%u6e2f%u5143 (2023%uff1a26.31 %u5104%u6e2f%u5143)%uff0c%u5728%u7b2c%u4e8c%u5e02%u5834%u7684%u8ca1%u52d9%u98a8%u96aa%u70ba48.53%u5104%u6e2f%u5143 (2023%uff1a21.50%u5104%u6e2f%u5143)%u3002Default guarantees for flats built and sold under HOS/PSPS/BRO/GSH amounted to HK$64,267 million (2023: HK$50,622 million) for the primary market and HK$38,299 million (2023: HK$26,317 million) for the secondary market. However, it is the Authority%u2019s view that it will have a financial exposure only if the outstanding indebtedness of mortgages to banks and other financial institutions cannot be covered by proceeds from resale of the flats concerned. The Authority estimates its financial exposure to be HK$4,771 million (2023: HK$2,631 million) for the primary market and HK$4,853 million (2023: HK$2,150 million) for the secondary market.(ii) %u5df2%u552e%u51fa%u7684%u79df%u7f6e%u8a08%u5283%u55ae%u4f4d (ii) TPS flats sold%u623f%u59d4%u6703%u5c31%u5df2%u552e%u51fa%u7684%u79df%u7f6e%u8a08%u5283%u55ae%u4f4d%u4f5c%u51fa%u7684%u9084%u6b3e%u4fdd%u8b49%uff0c%u5c6c%u65bc%u7b2c%u4e00%u5e02%u5834%u7684%u70ba 42.19 %u5104%u6e2f%u5143(2023%uff1a45.88 %u5104%u6e2f%u5143)%uff0c%u5c6c%u65bc%u7b2c%u4e8c%u5e02%u5834%u7684%u5247%u70ba52.36 %u5104%u6e2f%u5143 (2023%uff1a51.81 %u5104%u6e2f%u5143)%u3002%u7136%u800c%uff0c%u6839%u64da%u4e0a%u6587%u7b2c(i)%u9805%u7684%u7406%u64da%uff0c%u4e26%u4e14%u5047%u8a2d%u6709%u95dc%u7269%u696d%u80fd%u5728%u8f49%u8b93%u9650%u5236%u671f%u9996%u5169%u5e74%u5167%u4ee5%u539f%u50f9%u91cd%u552e%u3001%u5728%u8f49%u8b93%u9650%u5236%u671f%u7b2c 3 %u81f3 5 %u5e74%u5167%u4ee5%u7576%u6642%u7684%u79df%u7f6e%u8a08%u5283%u55ae%u4f4d%u50f9%u683c(%u6e1b%u53bb%u7b2c%u4e00%u5e02%u5834%u55ae%u4f4d%u6298%u4e0a%u6298%u512a%u60e0%u6240%u6d89%u53ca%u7684%u5be6%u969b%u91d1%u984d)%u91cd%u552e%uff0c%u4ee5%u53ca%u5728%u8f49%u8b93%u9650%u5236%u671f%u5c46%u6eff%u5f8c%u4ee5%u7576%u6642%u5e02%u503c%u6263%u9664%u61c9%u4ed8%u88dc%u50f9%u5f8c%u7684%u50f9%u683c%u91cd%u552e%uff0c%u623f%u59d4%u6703%u4f30%u8a08%u5728%u7b2c%u4e00%u5e02%u5834%u4e26%u7121%u8ca1%u52d9%u98a8%u96aa(2023%uff1a%u7121)%uff0c%u5728%u7b2c%u4e8c%u5e02%u5834%u7684%u8ca1%u52d9%u98a8%u96aa%u5247%u70ba6.70 %u5104%u6e2f%u5143 (2023%uff1a5.52 %u5104%u6e2f%u5143)%u3002Default guarantees for flats sold under TPS amounted to HK$4,219 million (2023: HK$4,588 million) for the primary market and HK$5,236 million (2023: HK$5,181 million) for the secondary market. However, following the rationale in (i) above and assuming that the properties can be re-sold at the original selling price for flats within the first 2 years of the alienation restriction period, at the prevailing TPS price for flats from the 3rd to the 5th year of such period (less the actual amount of special credit for primary market flats) and at the prevailing market price less premium payable after the alienation restriction period, the Authority estimates it has no financial exposure (2023: Nil) for the primary market and its financial exposure for the secondary market isHK$670 million (2023: HK$552 million).(b) %u6a13%u5b87%u7d50%u69cb%u5b89%u5168%u4fdd%u8b49 (b) Structural Safety Guarantee%u6240%u6709%u65b0%u843d%u6210%u7684%u5c45%u5c4b%uff0f%u79c1%u4eba%u53c3%u5efa%uff0f%u53ef%u79df%u53ef%u8cb7%uff0f%u7da0%u7f6e%u5c45%u8a08%u5283%u5c4b%u82d1%u5747%u4eab%u6709%u6a13%u5b87%u7d50%u69cb%u5b89%u5168%u4fdd%u8b49%uff0c%u4fdd%u8b49%u7531%u5c4b%u82d1%u7ae3%u5de5%u65e5%u671f%u8d77%u8a08 10 %u5e74%u5167(%u5929%u6c34%u570d%u5730%u5340%u5247%u70ba 20 %u5e74%u5167)%u6709%u6548%u30022007 %u5e74%u51fa%u552e%u5c45%u5c4b%u8a08%u5283%u548c%u79c1%u4eba%u53c3%u5efa%u8a08%u5283%u7684%u5269%u9918%u55ae%u4f4d%uff0c%u4ea6%u6703%u7372%u63d0%u4f9b 10 %u5e74%u6a13%u5b87%u7d50%u69cb%u5b89%u5168%u4fdd%u8b49(%u5929%u6c34%u570d%u5730%u5340%u5247%u70ba 20 %u5e74)%uff0c%u4ee5%u672a%u767c%u552e%u5927%u5ec8%u9996%u500b%u63a8%u552e%u671f%u7684%u9078%u6a13%u65e5%u9996%u5929%u8d77%u8a08%u3002%u65bc 2024 %u5e74 3 %u6708 31 %u65e5%uff0c%u4ecd%u5728%u6a13%u5b87%u7d50%u69cb%u5b89%u5168%u4fdd%u8b49%u671f%u9650%u5167%u7684%u5c45%u5c4b%uff0f%u79c1%u4eba%u53c3%u5efa%uff0f%u53ef%u79df%u53ef%u8cb7 %uff0f %u7da0%u7f6e%u5c45 %u8a08%u5283%u55ae%u4f4d%u6709 37 321 %u500b (2023 %uff1a34 269 %u500b)%u3002%u7136%u800c%uff0c%u623f%u59d4%u6703%u7121%u6cd5%u5728%u5408%u7406%u60c5%u6cc1%u4e0b%u78ba%u5b9a%u70ba%u4f5c%u51fa%u6a13%u5b87%u7d50%u69cb%u5b89%u5168%u4fdd%u8b49%u800c%u9808%u627f%u64d4%u7684%u8ca0%u50b5%uff0c%u56e0%u6b64%uff0c%u9664%u7528%u65bc%u6a13%u5b87%u7d50%u69cb%u5b89%u5168%u4fdd%u8b49%u7684%u5be6%u969b%u7dad%u4fee%u8cbb%u7528%u5916%uff0c%u623f%u59d4%u6703%u56e0%u6709%u95dc%u4fdd%u8b49%u800c%u6216%u9808%u627f%u64d4%u7684%u8ca0%u50b5%u5c1a%u672a%u5728%u8ca1%u52d9%u5831%u8868%u5167%u78ba%u8a8d%u3002%u672c%u5e74%u5ea6%u7684%u7dad%u4fee%u8cbb%u7528%u70ba 50 %u842c%u6e2f%u5143 (2023%uff1a4 %u842c%u6e2f%u5143)%u3002Structural Safety Guarantee (SSG) covers all newly completed HOS/PSPS/BRO/GSH developments for a period of 10 years (20 years for Tin Shui Wai area) from the date of completion. Pursuant to the sale of surplus HOS and PSPS flats in 2007, a SSG for a period of 10 years (20 years for Tin Shui Wai area) is also offered to cover each unsold block of these flats from the commencement date of flat selection period of the first sale phase. As at 31 March 2024, there were 37 321 units (2023: 34 269 units) of HOS/PSPS/BRO/GSH flats covered by the SSG. However, the Authority%u2019s liabilities under the SSG could not be reasonably ascertained and have not been recognised in the financial statements, except for the actual repair costs incurred under the SSG. During theyear, such repair costs amounted to HK$0.5 million (2023:HK$0.04 million).- 34 -